Monthly Archives: <span>December 2006</span>

Judge rules in favor of plaintiffs in New Orleans canal case

In a decision that could cost insurers billions of dollars more than they have already paid out in Hurricane Katrina claims, a federal judge in New Orleans ruled that ambiguities in some homeowners policies leave open the possibility that flooding …

Keeping the faith

Santa is in the malls, families are stringing lights across the fronts of their houses and placing menorahs in windows, and the music of various faiths can be heard on radio stations. The holidays — from Christmas to Hannukah to …

Suit against Miss. agent over flood policy advances

A federal judge has ruled that a Gulf Coast couple can sue their insurance agent for negligence after he allegedly allowed their flood insurance policy to lapse only days before Hurricane Katrina wrecked their home. Michael and Lucille Catchot sued …

Declarations

Hotel liability “We are not persuaded that these requirements show enough control to shift responsibility for safety to Choice. These few requirements regarding hotel doors do not show that Choice had the right to control both the means and the …

WEST VIRGINIA BUILDING NEW FIRE ACADEMY

Construction has started on a new state fire academy in Lewis County, W.Va. The $6.3 million building, scheduled to be finished in June near the Jackson’s Mill State 4-H Conference Center, will replace the current academy in Morgantown where firefighters …

It Figures

4% The increase in medical malpractice premiums collected by insurers in 2005 over 2004 in Tennessee. Insurers collected $341 million. Insurers paid out about 14 percent more in Tennessee cases in 2005 than the year before, including $119 million in …

Fla. businesses bemoan skyrocketing insurance costs

Small business owners in the Jacksonville, Fla., area are feeling the pinch of skyrocketing property insurance premiums and more than half of them said they will need to pass those costs on to consumers, according to a recent survey. More …

A state-based insurance safety net

The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation …

New Markets

Monoline Auto Classes, Small Commercial Businesses Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company has opened an additional 257 existing America Premier classes for monoline auto and added 238 …

The real George Dale

Insurance Journal ran the wrong photo with its story, Southeast regulators united in call for national disaster plan. This is the real Mississippi Insurance Commissioner George Dale. We apologize for the error.